Sorry Sparrow, but that is a negative. I just bought a receiver and downloaded that driver update and it still does not work at all. I'm on Windows 7 Home. It doesn't work. Looks like I wasted $10 and will now just get a PC controller instead of using my piece of junk XBOX 360 controller. PS3 all the way now. F Xbox.
Sorry for the delayed response.
Are you trying to use it on a laptop or a store bought PC?
It is possible that the USB port you are using is not supplying enough power to run it. I'd try this with a self powered USB hub.
Another thing to check, does the light illuminate on the receiver when you plug it in? If not it could be what I mentioned about the lack of power OR it could also just have a blown fuse inside. While I don't usually see this "out of the box", it is a common problem once the unit is in use, so if your system runs on the "high-end" of teh 5VDC supply to the USB ports, I suppose it could have instantly blown the fuse in the receiver.
It still could be a bad driver install too.